hi-tech isolutions limited

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hi-tech isolutions limited Company Information

Share HI-TECH ISOLUTIONS LIMITED

Company Number

10441703

Shareholders

hi-tech isolutions llp

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

2nd floor regis house, 45 king william street, london, EC4R 9AN

hi-tech isolutions limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of HI-TECH ISOLUTIONS LIMITED at £3m based on a Turnover of £3.8m and 0.79x industry multiple (adjusted for size and gross margin).

hi-tech isolutions limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of HI-TECH ISOLUTIONS LIMITED at £2.5m based on an EBITDA of £455.5k and a 5.42x industry multiple (adjusted for size and gross margin).

hi-tech isolutions limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of HI-TECH ISOLUTIONS LIMITED at £4.3m based on Net Assets of £1.9m and 2.26x industry multiple (adjusted for liquidity).

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Hi-tech Isolutions Limited Overview

Hi-tech Isolutions Limited is a live company located in london, EC4R 9AN with a Companies House number of 10441703. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2016, it's largest shareholder is hi-tech isolutions llp with a 100% stake. Hi-tech Isolutions Limited is a young, small sized company, Pomanda has estimated its turnover at £3.8m with rapid growth in recent years.

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Hi-tech Isolutions Limited Health Check

Pomanda's financial health check has awarded Hi-Tech Isolutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £3.8m, make it smaller than the average company (£7.5m)

£3.8m - Hi-tech Isolutions Limited

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (9%)

36% - Hi-tech Isolutions Limited

9% - Industry AVG

production

Production

with a gross margin of 48.1%, this company has a comparable cost of product (48.1%)

48.1% - Hi-tech Isolutions Limited

48.1% - Industry AVG

profitability

Profitability

an operating margin of 12% make it more profitable than the average company (4%)

12% - Hi-tech Isolutions Limited

4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (42)

3 - Hi-tech Isolutions Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)

£72.2k - Hi-tech Isolutions Limited

£72.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£177.1k)

£1.3m - Hi-tech Isolutions Limited

£177.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 97 days, this is later than average (51 days)

97 days - Hi-tech Isolutions Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (35 days)

1 days - Hi-tech Isolutions Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hi-tech Isolutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)

2 weeks - Hi-tech Isolutions Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.6%, this is a lower level of debt than the average (62.8%)

47.6% - Hi-tech Isolutions Limited

62.8% - Industry AVG

HI-TECH ISOLUTIONS LIMITED financials

EXPORTms excel logo

Hi-Tech Isolutions Limited's latest turnover from March 2024 is estimated at £3.8 million and the company has net assets of £1.9 million. According to their latest financial statements, Hi-Tech Isolutions Limited has 3 employees and maintains cash reserves of £96.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover3,795,2872,449,3801,473,0871,524,8032,975,3861,212,87693,939
Other Income Or Grants
Cost Of Sales1,968,6081,241,553723,056757,7911,470,034585,20144,308
Gross Profit1,826,6781,207,827750,031767,0121,505,353627,67549,631
Admin Expenses1,371,731545,846-276,579494,2571,731,769413,77964,311
Operating Profit454,947661,9811,026,610272,755-226,416213,896-14,680
Interest Payable
Interest Receivable27,68443,7115,00217313461418
Pre-Tax Profit482,631705,6911,031,612272,927-226,282214,510-14,662
Tax-120,658-134,081-196,006-51,856-40,757
Profit After Tax361,973571,610835,606221,071-226,282173,753-14,662
Dividends Paid
Retained Profit361,973571,610835,606221,071-226,282173,753-14,662
Employee Costs216,66769,30465,97662,6231,189,084480,61057,244
Number Of Employees31112081
EBITDA*455,507662,2881,026,815408,325-226,416213,896-14,680

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets1,9331,2261,699
Intangible Assets
Investments & Other
Debtors (Due After 1 year)643,914360,647803,003
Total Fixed Assets645,847361,873801,6993,003
Stock & work in progress
Trade Debtors1,016,401718,486428,754436,328612,639250,37720,555
Group Debtors
Misc Debtors1,911,0051,084,12110,97111,53548,713
Cash96,751957,8841,099,081234,885110,402156,6217,088
misc current assets
total current assets3,024,1572,760,4911,538,806682,748771,754406,99827,643
total assets3,670,0043,122,3641,538,886684,447771,754406,99830,646
Bank overdraft
Bank loan
Trade Creditors 6,1085,6339,37823,35282836,965518
Group/Directors Accounts1,137,028881,831167,146243,116654,350125,50240,172
other short term finances
hp & lease commitments
other current liabilities603,502673,507372,776263,676183,66785,3404,618
total current liabilities1,746,6381,560,971549,300530,144838,845247,80745,308
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions197197323
total long term liabilities197197323
total liabilities1,746,8351,561,168549,300530,467838,845247,80745,308
net assets1,923,1691,561,196989,586153,980-67,091159,191-14,662
total shareholders funds1,923,1691,561,196989,586153,980-67,091159,191-14,662
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit454,947661,9811,026,610272,755-226,416213,896-14,680
Depreciation56030720559
Amortisation135,511
Tax-120,658-134,081-196,006-51,856-40,757
Stock
Debtors1,408,0661,723,449-8,058-213,489410,975226,81923,558
Creditors475-3,745-13,97422,524-36,13736,447518
Accruals and Deferred Income-70,005300,731109,10080,00998,32780,7224,618
Deferred Taxes & Provisions197-323323
Cash flow from operations-1,142,747-898,059933,670672,814-575,20163,489-33,102
Investing Activities
capital expenditure-1,267-1,5331,494-137,269
Change in Investments
cash flow from investments-1,267-1,5331,494-137,269
Financing Activities
Bank loans
Group/Directors Accounts255,197714,685-75,970-411,234528,84885,33040,172
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest27,68443,7115,00217313461418
cash flow from financing282,881758,396-70,968-411,061528,98286,04440,190
cash and cash equivalents
cash-861,133-141,197864,196124,483-46,219149,5337,088
overdraft
change in cash-861,133-141,197864,196124,483-46,219149,5337,088

hi-tech isolutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hi-tech Isolutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hi-tech isolutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC4R area or any other competitors across 12 key performance metrics.

hi-tech isolutions limited Ownership

HI-TECH ISOLUTIONS LIMITED group structure

Hi-Tech Isolutions Limited has no subsidiary companies.

Ultimate parent company

HI-TECH ISOLUTIONS LLP

#0108115

1 parent

HI-TECH ISOLUTIONS LIMITED

10441703

HI-TECH ISOLUTIONS LIMITED Shareholders

hi-tech isolutions llp 100%

hi-tech isolutions limited directors

Hi-Tech Isolutions Limited currently has 3 directors. The longest serving directors include Pranitkumar Banthia (Oct 2016) and Mr Brett Parnham (Oct 2016).

officercountryagestartendrole
Pranitkumar BanthiaUnited Kingdom55 years Oct 2016- Director
Mr Brett ParnhamEngland55 years Oct 2016- Director
Ms Deepti BanthiaUnited Kingdom50 years Sep 2023- Director

P&L

March 2024

turnover

3.8m

+55%

operating profit

454.9k

0%

gross margin

48.2%

-2.4%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.9m

+0.23%

total assets

3.7m

+0.18%

cash

96.8k

-0.9%

net assets

Total assets minus all liabilities

hi-tech isolutions limited company details

company number

10441703

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

October 2016

age

9

incorporated

UK

ultimate parent company

HI-TECH ISOLUTIONS LLP

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

AZETS AUDIT SERVICES

address

2nd floor regis house, 45 king william street, london, EC4R 9AN

Bank

-

Legal Advisor

-

hi-tech isolutions limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to hi-tech isolutions limited.

hi-tech isolutions limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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hi-tech isolutions limited Companies House Filings - See Documents

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